Armstrong WRONG ON GOLD: He Doesn't Acknowledge Manipulation Or Its Cycles
posted on
Aug 10, 2015 02:16PM
(From Gary Savage today)..."Looks like Armstrong got it wrong again. He just published an artcle explaining how gold would go down if it wasn’t able to bounce. He completely misread the bottoming pattern. It’s because he can’t or won’t acknowledge the manipulation that goes on in this sector. The reason gold wasn’t bouncing is because it was being capped and setup for another attack on the jobs numbers. That attack failed so now gold is released to finish the intermediate rally."